Americas
Refiner Valero's secret campaign against US biofuels mandates
(Reuters) — US biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents.
Pin Oak Terminals opens multi-product liquid marine terminal
Pin Oak Terminals, LLC opened the new multi-product liquid marine terminal at Pin Oak’s site in Mt. Airy, Louisiana. This is following key investment from Mercuria Energy Group Ltd. in the previous months.
Glencore, Chevron enter Mexico's recently opened fuel market
MEXICO CITY (Reuters) — US energy company Chevron Corp and trading firm Glencore on Thursday announced separate plans to enter Mexico's fuel market, as the long-hidebound sector begins to attract major foreign players.
US gasoline production is running near record levels
Gasoline production by US refiners and blenders has run near record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range. US gasoline inventories also remain relatively high despite growing domestic and foreign demand.
EIA: US crude stockpiles fall the most in nearly a year
NEW YORK (Reuters) — US crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year while exports and production continued to rise, the Energy Information Administration said on Wednesday.
PEMEX Fertilizantes selects Jacobs for ammonia rehabilitation project
DALLAS — Jacobs Engineering Group Inc. has been awarded a contract from PEMEX Fertilizantes to deliver project management contract (PMC) services for the Ammonia IV Rehabilitation Project in the Cosoleacaque Petrochemical Complex in Veracruz, Mexico.
First corn ethanol project in Brazil starts production
LUCAS DO RIO VERDE, Brazil — A grand opening was held this past week signaling the start of operations at FS Bioenergia, a world-class $115 MM corn-only ethanol production facility located in Lucas do Rio Verde, Mato Grosso.
US to sell 14 MMbbl of crude oil from emergency reserve
WASHINGTON (Reuters) — The US Department of Energy said on Tuesday it will sell 14 MMbbl of crude oil from the nation's emergency reserve in late August.
Greenfield Global evaluating major expansion of biofuels production in Quebec
VARENNES, QC — Greenfield Global Inc., (formerly GreenField Specialty Alcohols Inc.) Canada's largest ethanol producer and a world leader in high-purity specialty alcohols, announced that it has commenced a feasibility study to significantly expand operations for sustainable biofuel production at its biorefinery in Varennes, Quebec.
Venezuela ships more oil to US in July vs June, but less than yr ago
(Reuters) — Venezuela's PDVSA and its joint ventures last month shipped 638,325 bpd of crude to the United States, a 30% increase over June due to larger sales of upgraded oil, according to Thomson Reuters trade flows data.
- Serbia secures U.S. sanctions waiver for its NIS oil firm 3/20
- India’s Reliance buys about 155,000 bpd Russian oil after pause 3/20
- China's Sinochem cuts refinery runs, seeks prompt-delivery crude 3/20
- Prices for oil, fuel cargoes smash record highs as Iran war chokes Middle East supply 3/20
- BASF starts up the world’s first production plant for 3D-printed catalysts in Ludwigshafen 3/19
- Haffner Energy receives rapid bookings for CORE100 clean-fuel production units 3/19
